Academy of Entrepreneurship Journal (Print ISSN: 1087-9595; Online ISSN: 1528-2686)


The Innovation-Friendly Environment in Europe

Author(s): Alberto Costantiello, Lucio Laureti, Angelo Leogrande, Fabio Anobile

In this article we investigate the determinants of the innovation-friendly environment in Europe in the period 2000-2019. We use data from the European Innovation Scoreboard of the European Commission for 36 countries. Data are analyzed using dynamic panel data at 1 stage, panel data with fixed effects, panel data with random effects, pooled OLS, and WLS. Results shows that the “Innovation-Friendly Environment” is positively associated to “Basic-school entrepreneurial education and training”, “Government procurement of advanced technology products”, “Employment share Manufacturing”, “Finance and support”, “Human resources”.

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